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Condominium
$490,000$712 / sqft
950 Brickell Bay Dr # 2203, Miami FL 33131
Listed
1
Bedrooms
1
Bathrooms
688 sqft
Interior
2008
Year built
$816 / mo
HOA
Condominium
Type
About this home
Beautiful 1-bedroom residence at The Plaza in the heart of Brickell. Unit 2203 features a functional floor plan, kitchen with pantry, and bright living area. Balcony offers picturesque views of the stunning Brickell skyline. Prime location just across from the bay and within walking distance to Brickell’s top restaurants, shopping, fitness, and entertainment. Premium building amenities include 2 heated infinity pools, a fitness center, a steam room, a theater, a business lounge, 24hr concierge, security, and valet. Includes 1 assigned parking space. A fantastic opportunity to enjoy the best of urban Miami living in one of Brickell’s most desirable locations.
Features
- Interior Hall
- Lobby
- Cooking Island
- Elevator
- Walk-In Closet(s)
- Open Balcony
- Ocean View
- Pool Area View
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 1
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Brickell, from 200 active listings; the middle half ask $3,050–$4,300.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.